2014 Kentucky Revised Statutes CHAPTER 235 - BOATS AND BOATING 235.130 Procedure when ownership is transferred or owner renders motorboat unfit for future use.
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235.130 Procedure when ownership is transferred or owner renders
motorboat unfit for future use.
(1)
(2)
(3)
(4)
(5)
No person acting for himself or another shall buy or trade for any motorboat
without receiving the certificate of title issued for that boat with a certificate of
transfer endorsed thereon. If the motorboat has not been issued a certificate of
title as noted on the certificate of registration, the person shall receive a
completed assignment of title on a boat transaction record and the certificate of
registration.
It shall be the duty of the purchaser to promptly submit the endorsed certificate
of title or boat transaction record and certificate of registration to the county
clerk of the county of the purchaser's residence or in which the motorboat is to
be principally operated. The purchaser shall apply for a new certificate of title
and registration pursuant to KRS 235.050. The county clerk shall thereupon
issue to the purchaser a transfer of registration bearing the same data and
information. The clerk shall forward the endorsed certificate of title or boat
transaction record and certificate of registration and new application for title
and registration to the Transportation Cabinet. Except when registration is
prohibited by law, any unexpired registration shall remain valid after transfer
until expiration occurs according to law.
For transferring the registration, the clerk shall collect a fee of five dollars ($5).
The clerk shall retain two dollars ($2), the Transportation Cabinet shall receive
two dollars ($2) and the Department of Fish and Wildlife Resources within the
Tourism, Arts and Heritage Cabinet shall receive one dollar ($1). The fee
received by the Transportation Cabinet shall be deposited in a trust and
agency account for use by the Transportation Cabinet in defraying the cost of
implementing and operating the boat titling and registration program. The fee
for transferring the title shall be as required by KRS 235.085.
If a transferee does not promptly submit the necessary documents to the
county clerk as required by law in order to complete the transfer transaction, a
transferor may submit to the county clerk, after the passage of fifteen (15)
calendar days, in his county of residence, an affidavit that he has transferred
his interest in a specific motorboat and the clerk may enter appropriate data
into the AVIS system which would restrict any registration transaction from
occurring on that vehicle until the transfer was processed.
If the owner junks or otherwise renders a motorboat unfit for future use, he
shall deliver the title to the county clerk of the county in which the motorboat is
junked. The county clerk shall immediately return the title to the Transportation
Cabinet. The owner shall pay to the county clerk fifty cents ($0.50) for his
services.
Effective:June 25, 2009
History: Amended 2009 Ky. Acts ch. 16, sec. 62, effective June 25, 2009. -Amended 2005 Ky. Acts ch. 95, sec. 47, effective June 20, 2005. -- Amended
1998 Ky. Acts ch. 48, sec. 20, effective July 15, 1998. -- Amended 1994 Ky.
Acts ch. 118, sec. 4, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 391,
sec. 10, effective July 13, 1990. -- Amended 1988 Ky. Acts ch. 163, sec. 10,
effective January 1, 1990. -- Amended 1978 Ky. Acts ch. 263, sec. 9, effective
June 17, 1978. -- Amended 1976 (1st Extra. Sess.) Ky. Acts ch. 21, sec. 22,
effective January 2, 1978. -- Amended 1974 Ky. Acts ch. 292, sec. 10. --
Created 1960 Ky. Acts ch. 68, Art. VIII, sec. 13, effective March 17, 1960.
Legislative Research Commission Note (10/23/90). Pursuant to KRS 7.136(1),
the prior reference to KRS 230.050 in subsection (2) of this statute has been
changed to KRS 235.050 to correct a manifest typographical error.
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